HSII · As filed with the SEC

Heidrick & Struggles International balance sheet, by quarter

The statement as Heidrick & Struggles International presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONDENSED CONSOLIDATED BALANCE SHEETS · USD thousands

USD thousands	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024
Current assets
Cash and cash equivalents	454,640	211,172	211,944	515,627
Marketable securities	73,442	188,355	112,715	47,896
Accounts receivable, net of allowances of $8,155 and $7,296, respectively	204,085	210,577	182,136	134,331
Prepaid expenses	31,553	30,436	33,970	28,718
Other current assets	49,716	48,200	47,421	39,935
Income taxes recoverable	10,200	10,868	6,964	6,470
Total current assets	823,636	699,608	595,150	772,977
Non-current assets
Property and equipment, net	55,513	54,687	51,938	51,685
Operating lease right-of-use assets	79,189	82,282	80,863	83,518
Assets designated for retirement and pension plans	11,310	11,361	10,424	9,976
Investments	72,537	69,160	64,434	58,290
Other non-current assets	26,262	26,395	26,113	25,500
Goodwill	142,464	142,635	139,447	137,861
Other intangible assets, net	8,949	10,539	11,304	12,483
Deferred income taxes	44,402	44,378	44,018	41,898
Total non-current assets	440,626	441,437	428,541	421,211
Total assets	1,264,262	1,141,045	1,023,691	1,194,188
Current liabilities
Accounts payable	20,281	25,834	23,103	25,088
Accrued salaries and benefits	366,127	251,668	171,155	353,531
Deferred revenue	56,110	58,859	55,957	51,085
Operating lease liabilities	18,182	18,225	17,652	17,653
Other current liabilities	67,450	65,898	64,869	21,369
Income taxes payable	10,825	9,402	16,804	14,287
Total current liabilities	538,975	429,886	349,540	483,013
Non-current liabilities
Accrued salaries and benefits	38,945	40,789	41,826	58,547
Retirement and pension plans	88,193	84,999	79,118	72,138
Operating lease liabilities	83,100	86,914	82,436	83,152
Other non-current liabilities	4,380	4,527	4,318	42,905
Deferred income taxes	1,449	1,439	1,403	1,616
Total non-current liabilities	216,067	218,668	209,101	258,358
Total liabilities	755,042	648,554	558,641	741,371
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued at September 30, 2025 and December 31, 2024	0	0	0	0
Common stock, $0.01 par value, 100,000,000 shares authorized, 20,795,623 and 20,414,915 shares issued, 20,790,543 and 20,409,835 shares outstanding at September 30, 2025 and December 31, 2024, respectively	208	207	206	204
Treasury stock at cost, 5,080 shares at September 30, 2025 and December 31, 2024	(110)	(110)	(110)	(110)
Additional paid in capital	266,212	263,611	260,512	260,893
Retained earnings	248,195	233,807	215,985	205,875
Accumulated other comprehensive loss	(5,285)	(5,024)	(11,543)	(14,045)
Total stockholders’ equity	509,220	492,491	465,050	452,817
Total liabilities and stockholders’ equity	1,264,262	1,141,045	1,023,691	1,194,188

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.